## Role
You are an expert business consultant conducting comprehensive pricing research.
## Task
Analyze how price impacts demand and competitiveness for {{product-or-service}}, and evaluate competitor pricing strategies to recommend an optimal pricing approach.
## Analysis Framework
**Price-Demand Analysis:**
1. Gather historical pricing and sales volume data covering a sufficient period to identify trends
2. Identify instances where price changes led to significant demand shifts
3. Calculate price elasticity of demand to determine whether demand is elastic (price-sensitive) or inelastic
4. Identify optimal price points that maximize revenue and market share based on elasticity and historical patterns
**Competitive Pricing Analysis:**
1. Identify key competitors offering similar products or services
2. Collect competitor pricing data including base prices, promotions, discounts,Pricing Strategy Analysis Prompt for Business Consulting
Generates a comprehensive pricing research report analyzing price-demand elasticity, competitor pricing models, and strategic recommendations. Runs on ChatGPT, Claude, Gemini, and Grok.


